Spanish 10-Year Bonds Slide as Italian Two-Year Notes Decline

May 21 (Bloomberg) -- Spanish 10-year bonds fell, pushing
the yield on the securities three basis points higher to 6.30
percent at 7:53 a.m. London time.

The rate on five-year Spanish securities increased four
basis points to 5.42 percent, while the two-year yield was
little changed at 4.18 percent.

The yield on Italian two-year notes advanced for a seventh
day, climbing two basis points to 3.77 percent. Five-year yields
added three basis points to 5.09 percent and the rate on 10-year
bonds was little changed at 5.82 percent.